The current financial year is going to end on 31st March. Let us tell you that from the coming April 1, 2022, the new financial year 2022-23 will start. Yes and there are going to be many changes related to money in the new financial year. Yes and the effect of these changes is going to fall on the pockets of the common people to the rich. Because of this, before the start of the new financial year, you should take information about all these new changes so that you do not suffer any kind of financial loss. Let us tell you that the changes that are going to happen from April 1 include changes related to post office scheme, banking and investment. Let me tell you.
Changes in Post Office Scheme- Changes are being made in the rules of some post office schemes from April 1. In fact, under the rules applicable from April 1, now customers have to invest in Time Deposit Account, Senior Citizen Savings Scheme (SCSS) and Monthly Income Scheme (Savings account) or bank. Account has to be opened. Not only this, but at the same time, the interest earned on the amount deposited in small savings will now be deposited in the savings account or bank account of the post office. Along with this, it has also been made mandatory to link the already existing bank account or post office account with the small savings account of the post office.
Tax on Cryptocurrencies- Let us tell you that from April 1, 2022, all types of Virtual Digital Assets (VDA), including cryptocurrencies, NFTs sold for profit, will be taxed at 30 percent. Yes and apart from this, whenever any crypto asset is sold, 1 percent TDS will also be deducted. Let us tell you that this announcement was made by Finance Minister Nirmala Sitharaman during her Union Budget speech this year.
Medicines will become expensive - From April 1, more than 800 essential medicines will become expensive. In fact, from pain killers to antibiotics, medicines are going to be expensive. Yes, the National Pharma Pricing Authority has approved a price hike of up to 10.7 per cent for scheduled drugs.
Good news for gold buyers, there is a big fall in the price
